'I'm Cheering on Higher Interest Rates' says the BAREFOOT INVESTOR!

How do you feel about the recent interest rate rise announcements? The interest rate hikes sure have been quick. In a recent video Dave Ramsay spoke about 'The great thing about the fed raising interest rates' and this video is about a recent email from the Barefoot Investor explaining why he loves higher interest rates and the benefits on those interest rate hikes.

The barefoot investor gives 4 reasons why he likes the latest interest rate rises and these were:
1. They give people an incentive to save money.
2. They discourage people speculating on dumb things.
3. They bring down house prices and give first home buyers a chance to get in.
4. They help pensioners earn a few crumbs without risking all of their money in the share market.

LINKS MENTIONED IN THIS VIDEO:

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BOOKS TO READ
Motivated Money: https://amzn.to/2R1YJcz
DIE WITH WITH ZERO: https://amzn.to/3CfizpY
The Simple Path to Wealth: https://amzn.to/327vpYz
Your Money or Your Life: https://amzn.to/3jZm3o3
The Index Card: Why Personal Finance Doesn't Have to Be Complicated: https://amzn.to/3tzcsdl
I Will Teach You To be Rich: https://amzn.to/35gvv2g
The Barefoot Investor: https://amzn.to/336AKP5
Money Made Simple by Noel Whittaker: https://amzn.to/327Elxa
Atomic Habits: https://amzn.to/32cCh7j
The 5am Club: Own Your Morning, Elevate Your Life: https://amzn.to/3h7PZwc

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I then use iMovie to link my audio with the Keynote slides.

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Disclaimer:
The information on this YouTube channel and the links provided are for entertainment and general information only and should not be taken as constituting professional advice. I am not a financial advisor. The information on this channel is personal to my situation and does not take into account your personal circumstances. You should do your own research and if necessary consider seeking independent financial advice that is related to your unique circumstances.

#interestrates #mortgage #inflation